I'm considering taking a 33% loss on another share and putting it in here to try and recoup that loss, which I feel I'm unlikely to do in the other stock. I'd need about £1.30 here to break even. Decisions, decisions.
MasterPlan: Why should they bother trying to resolve things when AE kept trying to move the goalposts. First it was AE reducing the first payment and then trying to renegotiate that. I'm glad ARS ditched them. They were taking the proverbial ****.
We can only speculate that there may be another interested party, however crooks will remain crooks and Aeternum are.....well, you decide! I prefer the devil I know.
Tony Manini commented: “The Asiamet Board finds the actions of Aeturnum Energy to be highly unusual and unprofessional. When a 19.98% shareholder is seeking to convene a Special General Meeting of shareholders to remove the current Board of Directors without justification or explanation, and immediately after one of itscontrolled entities has materially breached a binding sales and purchase agreement to acquire one of the Company’s primary assets, its motivations for not fulfilling its obligations under that binding agreement need to be questioned. The Asiamet Board is of the view that Aeturnum Energy through its investment in Asiamet is now attempting to secure control over the Company’s valuable copper assets by removing the current Board of Directors and replacing them with its own nominees. The Asiamet Board and management find this behaviour totally unacceptable and contrary to all principles of good 3business practice and governance. The Board will keep shareholders informed and further announcements will be made in due course."
slipanchor Thanks. I've been in this for so long I've not even bothered to follow it. My average approx. £1 and I only ever lost money in it. So wary that I won't even add unless it gets to 50p. Then I'll start to believe it may be going places.
If you just checked this tonight, you'll be happy with a 22% rise! Suggest peeps stop watching it all day and following it up and down. I'm not break even yet, but I'm happy with where this is heading and I don't expect overnight miracles..........not yet anyway :-))